Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.024%
Price spread now: KuCoin against Gate−0.122%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1781.784% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.122%, 7d avg −0.044%
=Funding pays, the price is against you. KuCoin is 0.078% cheaper against Gate than usual: you would sell low and buy high (spread −0.122% now, against its 7-day average of −0.044%). If the spread goes back, that is −$8 on $10k: about 2.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NFLX_USDT | 73.540 | 0 | get 0.0000% / 8h | 13m 26s | $1.3M | $1.2M | 25x |
| Short | KuCoin NFLXUSDTM | 73.450 | 0.0100 | get 0.0100% / 8h | 13m 26s | $152K | $37K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.122% → −0.044%
- −$7.81
- Slippage, 4 orders
- −$151.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$165.24
- Costs to cover
- 1.784%
- Break-even
- 62.1 days
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 40 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 4 min ago | 8.84 bp | 17.0 bp −$17 | 166.4 bp −$1,664 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 40 min ago | 20.40 bp | 84.8 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
NFLX on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NFLXUSDT | 0.0000% | 8h | 73.440 | −0.136% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.470 | −0.095% | $872K | $989K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.450 | −0.122% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDTlong | 0.0000% | 8h | 73.540 | long leg | $1.3M | $1.2M | 25x | |
| SunX NFLX-USDT | 0.0000% | 8h | 73.498 | −0.057% | $2K | $5.0M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.458 | −0.112% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.510 | −0.041% | $1.4M | $333K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.440 | −0.136% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.429 | −0.151% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.433 | −0.145% | $5.0M | $3.0M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.440 | −0.136% | $71K | $186K | 10x | as long as short |
| KuCoin NFLXUSDTMshort | +0.0100% | 8h | 73.450 | −0.122% | $152K | $37K | 20x | |
| Bitget NFLXUSDT | +0.0103% | 8h | 73.490 | −0.068% | $4.3M | $689K | 50x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.496 | −0.060% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0202% | 8h | 73.484 | −0.076% | $90K | $136K | — | as long as short |
| Binance NFLXUSDT | +0.0205% | 8h | 73.507 | −0.045% | $5.4M | $5.5M | 20x | as long as short |
| Phoenix NFLX | +0.0207% | 1h | 73.457 | −0.113% | $12K | $77K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.820 | +5.820% | $87K | $67K | 12x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0302% | 8h | 73.510 | −0.041% | $809 | $155K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0342% | 8h | 73.530 | −0.014% | $46K | $82K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0405% | 8h | 73.550 | +0.014% | $1.3M | $969K | 50x | as long as short |
Gate NFLX_USDT
KuCoin NFLXUSDTM
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
Bitget NFLXUSDT
Variational Omni NFLX
Binance NFLXUSDT
Phoenix NFLX
Injective NFLX/USDC PERP
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Bybit NFLXUSDT